Idbi
- INDIAINDIA · 2 min
EAS Sarma urges President to reconsider IDBI Bank stake sale
Former civil servant EAS Sarma has written to the President of India urging her to reconsider the Centre’s decision to divest its stake in IDBI Bank, a move valued at ₹52,878 crore.
20 Oct, 02:05 pm IST - INDIAINDIA · 2 min
IDBI Bank Q2 net profit falls 39% amid Fairfax deal and rising interest income
IDBI Bank reported a 39% year-on-year decline in standalone net profit for the second quarter ended September 2026, posting ₹2,205 crore compared to ₹3,627…
18 Oct, 10:05 pm IST - INDIAINDIA · 2 min
Finance Ministry defends Centre’s stake dilution in IDBI Bank citing Delhi HC ruling
The Finance Ministry issued a statement on October 17 clarifying that the Centre is legally allowed to dilute its stake in IDBI Bank.
17 Oct, 12:05 pm IST - INDIAINDIA · 2 min
Fairfax to acquire 60.72% stake in IDBI Bank for ₹52,878 crore
The Indian government approved the sale of a 60.72% stake in IDBI Bank to Canada's Fairfax Financial Holdings for ₹52,878 crore, marking the country's largest strategic disinvestment since Air India.
15 Oct, 10:05 am IST - POLICYPOLICY · 2 min
Cabinet approves Rs 52,878 crore sale of IDBI Bank stake to Fairfax arm
The Union Cabinet approved the sale of a 60.72% stake in IDBI Bank to Fairfax Financial Holdings’ subsidiary, M/s 10955230 Canada Inc., for Rs 52,878.08 crore.
14 Oct, 08:05 pm IST - INDIAINDIA · 1 min
IDBI Bank Q1 net profit rises 5% to ₹2,115 crore, NII up 10%
IDBI Bank reported a 5% year-on-year increase in net profit to ₹2,115 crore for the first quarter ending June 30, 2026.
20 Jul, 03:28 pm IST - INDIAINDIA · 2 min
Anand Rathi recommends Suzlon, IDBI, Zee shares under ₹200
Mehul Kothari of Anand Rathi recommended three stocks priced under ₹200 to buy or sell on July 18, 2026. The picks include Suzlon Energy, IDBI Bank, and Zee Entertainment.
18 Jul, 11:28 am IST